The best Amazon Prime Day deals could be these ETFs $ONLN $CLIX (via ETFEdgeCNBC)
Both ETFs are a way to play the impending growth in online retail, which only accounts for a fraction of overall U.S. sales, Hyman said.
"Even if we only get to 25[%] or 30% of online retail as a share of overall, we're only one-third of the way there," he said. "And guess what: Amazon's only one-third of the size of Walmart, so, from our perspective, it's in full swing, but really early innings." "I'm concerned that this is a backwards-looking idea, that because of the trend we all see with retail stores closing and with Amazon and other online retailers doing really well, there's an assumption that this trend is going to continue, translating into superior profits for the online retailers and subpar profits, even losses, for the brick and mortars," he said in the same "ETF Edge" interview.
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